Shanghai Representative Office Set Up Service
Hotline: 86-755-82147392, Email:info@citilinkia.com
Shanghai Representative Office (RO) Set Up, is also called Shanghai Representative Office registration, Shanghai Representative Office registry, Shanghai Representative Office formation. Representative Office is not a separate legal entity, and it should not make directly profitable business activities.Representative offices offoreign companies only engagein activities within thebussiness scope of the registration certificate.
1. OVERVIEW ABOUT SHANGHAI
Shanghai is the industrial, commercial and financial centre of China, an outward-looking city famous for its fashion as well as for its finance. Located in Yangtze River Delta, shanghai also has the largest port in mainland China. Shanghai has an area of 6,340 square kms and a population of more than 20 million. Its highly developed finance, trade, travel, real estate catch up with the world standard day by day. The complete legal system and the international standard market rule build a nice investment environment for Shanghai. As the famous journal Economists stated, Shanghai is an ideal city to live in and work in for foreign investors.
2、CONCEPT OF RO
A Chinese representative office (RO) is an office of the foreign enterprise established in China for liaison with Chinese businesses and customers on behalf of its parent company.
A RO is not considered to be a separate legal entity. It can not directly engage in operational activities. However, its parent company can enter into contracts with its supplier/customers in China in its own name, but not in the name of its RO. Therefore, before a foreign investor establishes its presence in China using wholly foreign owned enterprise, equity joint venture and cooperative joint venture, it could first set up a representative office to test the market.
3. NAME OF REPRESENTATIVE OFFICE
The format of the RO Name is: country (area) + parent company name + Shanghai Representative Office.
4. FUNCTIONS OF RO
RO enjoys a great popularity in Chinese market since its simple procedure, short time consuming and comparatively loose requirements for formation.
The simplicity and short time required for establishing a RO is the main reason for its popularity in China market. Unlike foreign investment enterprises ("FIEs"), representative offices are not required to meet stringent requirements for items such as capital contribution.
5. PROCEDURE
Fill the application form →sign the agreement→ Pay the advance payment→hand in the materials→ sign the documents→transact the Registration certificate →Go to the public security bureau to carve the common seal in appointed institution→Organization's code card→Open the basic account→transact the National tax card, the local tax card →pay the rest fee
Contact Us
For further queries, please do not hesitate to contact Tannet at anytime by calling
Shanghai Hotline: 755-82148419, 13823131503
Fax：58402186
E-Mail: info@citilinkia.com
Address: Block F, 15th Floor, World Plaza, No.855 South Pudong Road, Pudong New Area, Shanghai